Share of Small Business in GDP in Uzbekistan
Keywords:
small business, private entrepreneurship, GDP, economic growth, employment, innovation, business environmentAbstract
This article analyzes the share of small business and private entrepreneurship in gross domestic product (GDP) in Uzbekistan. During the study, the role of small business in economic growth, employment generation, and increasing incomes of the population was analyzed and substantiated. Also, the main trends in the development of this sector in recent years were studied and its contribution to the economy was evaluated. The results of the study show that small business is an important factor in ensuring economic stability, and scientific and practical proposals were developed to increase its efficiency.
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